XRP Futures Surge 29% on Binance, Flashing Bullish Signal for XRP
4 Articles
4 Articles
XRP Futures Surge 29% on Binance, Flashing Bullish Signal for XRP
TL;DR: XRP open interest on Binance rose from $181 million on August 3 to $232.7 million on August 17, 2026. The weekly open interest variation recorded a shift from -$40 million on July 29 to +$38.9 million in the latest session. The perpetual Cumulative Volume Delta (CVD) on Binance dropped to...
XRP Open Interest Jumps 29% on Binance as Bearish Pressure Builds
XRP is struggling to rebound from its latest price correction after falling back toward its multi-year low of $0.98. Despite the continued weakness in the XRP price, activity in the cryptocurrencys derivatives market has surged, particularly on Binance. Data from crypto analytics platform CryptoQuant shows that XRP open interest on Binance increased by approximately 28.6% in two weeks. Open interest climbed from around $181 million on August 3 t…
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